B. Riley Financial, Inc.

recently stated that they own 7.8% of magicJack VocalTec Ltd (NASDAQ:CALL) in a Schedule 13D disclosure that was filed with the Securities and Exchange Commission (SEC) on Wednesday, January 3rd. The investor owns 1,249,600 shares of the stock worth about $10,559,120. The reporting parties listed on the disclosure included B Riley FBR, Inc and B Riley Financial, Inc. The disclosure is available through the SEC website at this link.

Several other hedge funds have also added to or reduced their stakes in the company. Sterling Capital Management LLC lifted its stake in shares of magicJack VocalTec by 24.1% in the 3rd quarter. Sterling Capital Management LLC now owns 180,371 shares of the technology company’s stock valued at $1,290,000 after purchasing an additional 35,000 shares during the period. California Public Employees Retirement System lifted its stake in shares of magicJack VocalTec by 11.2% in the 3rd quarter. California Public Employees Retirement System now owns 189,545 shares of the technology company’s stock valued at $1,355,000 after purchasing an additional 19,045 shares during the period. Discovery Group I LLC acquired a new position in shares of magicJack VocalTec in the 3rd quarter valued at $700,000. Signia Capital Management LLC acquired a new position in shares of magicJack VocalTec in the 3rd quarter valued at $1,799,000. Finally, Emancipation Management LLC lifted its stake in shares of magicJack VocalTec by 16.3% in the 3rd quarter. Emancipation Management LLC now owns 320,422 shares of the technology company’s stock valued at $2,291,000 after purchasing an additional 45,000 shares during the period. 47.18% of the stock is currently owned by institutional investors and hedge funds.

magicJack VocalTec Ltd (NASDAQ CALL) opened at $8.45 on Wednesday. magicJack VocalTec Ltd has a 12 month low of $5.55 and a 12 month high of $8.90. The stock has a market cap of $136.37, a price-to-earnings ratio of -5.75 and a beta of 0.64.

Separately, ValuEngine cut shares of magicJack VocalTec from a “strong-buy” rating to a “buy” rating in a research note on Friday, December 1st.

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magicJack VocalTec Company Profile

magicJack VocalTec Ltd. and its subsidiaries is a cloud communications company. The Company provides magicJack devices and other magicJack products and services. The Company also provides additional products and services, which include voice applications on smart phones, as well as the magicJack PLUS, magicJack GO and magicJack EXPRESS, which are updated versions of the magicJack device that have their own central processing unit (CPU) and can connect a regular phone directly to the users broadband modem/router and function as a standalone phone without using a computer.

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Institutional Ownership by Quarter for magicJack VocalTec (NASDAQ:CALL)

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